Approximately how many millions of Americans do not have health insurance (prior to gaining coverage through the Patient Protection and Affordable Care Act)?
A. 27.
B. 49.
C. 58.
D. 63.
Answer: B
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Asymmetric information problems are worse the __________ the borrowing firm, since there is __________ publicly available information about those firms
A) larger; more B) larger; less C) smaller; more D) smaller; less
Suppose a person's utility for leisure (L) and consumption (Y) can be expressed as U = Y + L0.5. Assuming a wage rate of $10 per hour, show what happens to the person's labor supply curve when the person wins a lottery prize of $100 per day
What will be an ideal response?
China's strategy of breaking the vicious circle of poverty focused on
a. transforming itself into a market-based economy b. reducing the resources devoted to infrastructure development c. refusing to trade with foreign countries d. reducing population growth by stringent restrictions on family size e. developing more traditional and labor-using production techniques
Which of the following statements is correct?
a. The expected future profitability of a corporation influences the demand for that corporation's stock. b. When a corporation sells stock as a means of raising funds it is engaging in debt finance. c. The owners of bonds sold by the Microsoft Corporation are part owners of that corporation. d. All bonds are, by definition, perpetuities.